Amprius Technologies, Inc. (NYSE:AMPX – Get Free Report) Director Steven Chu sold 155,565 shares of the company’s stock in a transaction that occurred on Thursday, March 12th. The stock was sold at an average price of $18.50, for a total value of $2,877,952.50. Following the completion of the sale, the director owned 127,339 shares of the company’s stock, valued at $2,355,771.50. This trade represents a 54.99% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.
Steven Chu also recently made the following trade(s):
- On Tuesday, March 10th, Steven Chu sold 166,632 shares of Amprius Technologies stock. The shares were sold at an average price of $17.92, for a total value of $2,986,045.44.
Amprius Technologies Stock Performance
AMPX opened at $17.93 on Friday. The company has a market capitalization of $2.46 billion, a PE ratio of -52.72 and a beta of 3.04. The stock’s fifty day moving average is $11.88 and its 200-day moving average is $11.07. Amprius Technologies, Inc. has a one year low of $1.80 and a one year high of $19.40.
Institutional Trading of Amprius Technologies
Several institutional investors and hedge funds have recently bought and sold shares of AMPX. Bank of America Corp DE boosted its holdings in shares of Amprius Technologies by 31.1% in the fourth quarter. Bank of America Corp DE now owns 12,890 shares of the company’s stock worth $36,000 after buying an additional 3,055 shares during the period. Ameritas Investment Partners Inc. raised its holdings in shares of Amprius Technologies by 2,043.2% during the second quarter. Ameritas Investment Partners Inc. now owns 9,516 shares of the company’s stock valued at $40,000 after acquiring an additional 9,072 shares during the period. Quarry LP purchased a new stake in shares of Amprius Technologies in the 3rd quarter valued at approximately $42,000. Rhumbline Advisers lifted its position in shares of Amprius Technologies by 61.1% in the 1st quarter. Rhumbline Advisers now owns 15,690 shares of the company’s stock valued at $42,000 after acquiring an additional 5,951 shares in the last quarter. Finally, Legal & General Group Plc boosted its stake in Amprius Technologies by 1,385.4% in the 2nd quarter. Legal & General Group Plc now owns 10,383 shares of the company’s stock worth $44,000 after purchasing an additional 9,684 shares during the period. Institutional investors and hedge funds own 5.04% of the company’s stock.
More Amprius Technologies News
Here are the key news stories impacting Amprius Technologies this week:
- Positive Sentiment: Northland Securities raised Q1 EPS estimates for AMPX, improving near-term earnings visibility and giving bulls a fundamental reason to buy. Q1 EPS Estimates for AMPX Increased by Northland Securities
- Positive Sentiment: Needham & Company reaffirmed its Buy rating on AMPX (and other brokers have raised targets or reiterated buys), adding analyst-level validation that can attract institutional and retail inflows. Needham & Company LLC Reaffirms Buy Rating for Amprius Technologies (NYSE:AMPX)
- Neutral Sentiment: Coverage summarizing Northland’s forecast for AMPX Q4 earnings provides modeling context for investors but is informational until tied to company guidance or additional upgrades. What is Northland Securities’ Forecast for AMPX Q4 Earnings?
- Negative Sentiment: Director Steven Chu sold 155,565 shares on March 12 at an average price of $18.50 (~$2.88M), cutting his holdings by roughly 55% — a large insider sale that can be interpreted as a negative signal and may create short-term downward pressure. SEC Filing: Steven Chu Sale (3/12)
- Negative Sentiment: On March 10 the same director sold another 166,632 shares at an average of $17.92 (~$2.99M). The consecutive large sales amplify the negative signaling despite possible non-operational reasons (tax, diversification). SEC Filing: Steven Chu Sale (3/10)
Wall Street Analyst Weigh In
Several brokerages have recently issued reports on AMPX. Craig Hallum lifted their price objective on shares of Amprius Technologies from $17.00 to $21.00 and gave the stock a “buy” rating in a research note on Friday, March 6th. William Blair restated an “outperform” rating on shares of Amprius Technologies in a report on Friday, March 6th. Needham & Company LLC restated a “buy” rating and issued a $20.00 price target on shares of Amprius Technologies in a research report on Tuesday. Oppenheimer reaffirmed an “outperform” rating and issued a $17.00 price target on shares of Amprius Technologies in a report on Tuesday, December 23rd. Finally, Cantor Fitzgerald increased their price objective on Amprius Technologies from $16.00 to $20.00 and gave the company an “overweight” rating in a research report on Friday, March 6th. Eight equities research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $19.75.
Read Our Latest Report on Amprius Technologies
Amprius Technologies Company Profile
Amprius Technologies, Inc (NYSE: AMPX) is a U.S.-based developer of high-energy-density lithium-ion batteries that leverage silicon anode technology to deliver performance levels beyond conventional graphite-based cells. The company’s batteries are designed to offer industry-leading gravimetric energy density, enabling longer run times and reduced weight for portable power applications. Amprius blends advanced materials science and scalable manufacturing processes to commercialize next-generation battery solutions.
At the core of Amprius’ product portfolio are cylindrical and prismatic cells that employ a proprietary silicon nanowire anode, which supports high charge/discharge rates while maintaining cycle life.
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